After China Merchants Bank bought the fund, if it needs to be redeemed, it can apply at the outlets or at China Merchants Bank's mobile banking. After submitting the redemption application, you can wait for the fund company to settle and get the money. If the redemption fails, you will not get the money.

What is the failure of China Merchants Bank's fund redemption?

Common causes of failure in fund redemption of China Merchants Bank;

1 off-trading hours: the fund can't buy or sell at the clearing time (trading day 15:00- 16:00, around 23:30 every night);

2 fund suspension: trading may be suspended during the fund closure period or holidays, as well as when the fund is split and the valuation is adjusted;

3. Exceeding the trading limit: exceeding the cumulative limit of the fund redemption date, and the fund limit is different;

4 Redemption has not arrived: Redemption needs confirmation from the fund company, and different funds arrive at different times.

What is the net redemption value of China Merchants Bank Fund?

Redemption before 1 trading day 15: 00 is based on the net value of the day, and the net value of the day will be inquired on the next trading day;

Redemptions after trading day 15:00 are regarded as transactions on the next trading day, and the net transaction value can only be found on the third trading day.

3 The deduction date (T date) of the fixed investment of the Fund is the application date of the fund subscription, and the net value of the fund on that day is the transaction price.

Fund redemption adopts the principle of unknown price, that is, the net value you see at the time of redemption is yesterday, because the fund has only one net value a day and will be announced at night.